Why Spend Money in Video Games? – Glad You Asked S1 (E5)

From Vox.

Glad You Asked host Alex Clark has been a gamer for most of his life. And in all his years of playing, he’s spent a great deal of money buying and selling virtual items in video games. He’s not alone — billions of dollars are spent inside the virtual economies of video games. So why spend money on a virtual good? And how did they become so valuable?

Key sources:
CS:GO ‘Dragon Lore’ AWP skin sells for more than $61,000 https://www.pcgamer.com/csgo-dragon-lore-awp-skin-sells-for-more-than-61000/

Bank Failure in Second Life Leads to Calls for Regulation https://www.wired.com/2007/08/bank-failure-in-second-life-leads-to-calls-for-regulation/

Meet The Man Who Just Made A Half Million From The Sale Of Virtual Property https://www.forbes.com/sites/oliverchiang/2010/11/13/meet-the-man-who-just-made-a-cool-half-million-from-the-sale-of-virtual-property/#640c50b721cd